Share Savings
To start your membership at the credit union a minimum deposit of $5.00 must be made into your Share Savings account. There are no monthly access fees associated with the account and you earn dividends on balances over $200.00. A Star ATM card is available with the account.

Certificates
Certificates are low-risk investments that you purchase for a set amount of time, anywhere from six months to five years or more. Your investment is insured by the NCUA (National Credit Union Administration) for up to $250,000. In addition, the credit union carries Excess Share Insurance which provides an additional $250,000 more in coverage.

When you purchase a Certificate, you commit to deposit a fixed sum of money for a fixed period of time, and in exchange, we pay you dividends. When you cash in or redeem your Certificate at maturity, you receive the money you originally invested plus any accrued dividends. If you redeem your Certificate before it matures, you may have to pay an “early withdrawal” penalty or forfeit a portion of the dividends you earned.

All Certificates at the credit union pay a fixed rate until they reach maturity.

IRAs
An Individual Retirement Account (IRA) is a specific tax deferred interest savings program through which a member may save for retirement. Qualifying members receive the benefit of deducting their IRA contributions from their taxable income and deferring tax payments on the interest earned on their deposits until the IRA funds are withdrawn (check with your tax advisor to determine if you are eligible for this special deduction). We offer IRA Savings Accounts and IRA Certificate Accounts.

Money Market Savings
Education First Credit Union offers an excellent Money Market Savings Account. This account is ideal for our savers who need to keep their funds liquid. Understanding your savings needs and plans is important, so we can direct you to the products and services that can help you earn more, save more, or utilize the various ways to manage your accounts more conveniently.

The minimum opening deposit for our Money Market Savings is $1,000.00; dividends are compounded and credited monthly. Why don’t we get your new Money Market Savings Account opened today?

Health Savings Account
Education First Credit Union offers Health Savings Accounts, a new type of deposit account that lets you save tax-free for medical expenses. To be eligible for an HSA, you must participate in a high deductible health plan. This account has no monthly maintenance fee, no set-up fee and no minimum opening deposit. The account pays interest at a tiered rate based on the account balance. We have one of the best H S A accounts anywhere. Please compare before you choose another provider. Our rates are excellent! Even better than many of the large banks.

Holiday Club Savings Account
The holidays can often be very hectic and stressful. Planning ahead and being prepared for the extra expenses that come with the holidays, can be extremely beneficial. Education First Credit Union offers a special holiday savings account for our members. This account allows members to save money during the year and have it made available to them on October 15th. Deposits can be made into this interest bearing account through payroll deduction, over the counter or through the mail. Once you signed up, enrollment for next season is automatic. Why not start your Holiday Savings now, and you will be ready to fully enjoy the season!

Teen Advantage Club
We want to see young people get started out right in their financial life. And, they can do so with our Teen Advantage Club Account. It is specially designed for members who are between the ages of 13 and 17. To be a member of the Teen Advantage Club you must first open a Primary savings account with a minimum opening deposit of $5 and then you have to deposit at least $1 into the Teen account. It’s that easy!
Benefits of the account are:

• Dividends are paid on every dollar deposited into the account
• Dividend rate is the same as our Primary Savings account
• Free 24 hour web access and 24 hour CU Access

For members between the ages of 16 and 17, we feel you are ready to take on a bit more responsibility. (With qualifying parent or legal guardian) The account has some added features for you.

• ATM card for withdrawals only
• Shared Branching access
• Checking Account (with qualified co-signer)
  – Visa Debit Card with checking account
  – First 50 checks free
  – No monthly maintenance fee
  – No interest
  – Detailed monthly statement

ABC Advantage Club
Our ABC Savings Account is designed for our young savers. Kids are eligible to be an ABC Advantage Club member until their 13th birthday. Here is how it works:

• The child must be a member of the credit union with the minimum $5.00 in the primary savings account.
• Dividends are paid on every dollar in the ABC Advantage Account.
• Dividend rate is the same as the Primary Savings Account.
• If the amount deposited, is an amount which earns them an Apple Buck it will be mailed out at the beginning of the following month. (Please see below)
• Apple Bucks will be given as follows:
  – Opening the account (1).
  – Birthday (card will be mailed along with one apple buck).
  – One per every $10.00 deposit (within a given month) with a maximum of five apple bucks per month (maximum 62 per year).
  -Apple Bucks will be used to “purchase” gifts at which time the Apple Bucks will be surrendered.
• To open an ABC Advantage Account required documents include: birth certificate, and social security card.

Premium Checking

• Earn dividends on balances of $1,000 or more
• Monthly service fee of $5 is waived with one of the following: maintain an average monthly checking account daily ledger balance of $500, 15 debit card transactions per month(signature based), $5,000 in aggregate loan balances, $5,000 in aggregate savings balances, have an Education First Visa Platinum Credit Card
• No per check charges
• No charge for deposits
• Unlimited monthly transactions
• 24-hour account information through Home Banking and CU Access
• VISA Debit Card
• Overdraft Protection available
• Overdraft transfer and privileges available
• Free Annual Credit Review
• Free Online Banking
• Free Online Bill Pay
• Free E-statements
• Free Mobile banking

Click here for current rates.

Click here for our Fee Schedule.

Not all members will qualify for a checking account. Education First Credit Union reserves the right to refuse to establish any checking account service based on previous or other account performance. Education First does not charge a fee for the use of our mobile banking service. Depending on your service data plan, you may incur web charges or text messaging fees. Check with your mobile service carrier to get more information.

Student Checking

•  Must be a student
• Minimum of $ 25.00 to open
• No minimum balance requirements
• No monthly service charge fee
• Non-interest bearing
• 24-hour account information through Home Banking and CU Access
• Overdraft transfer and privileges available
• Free Online Banking
• Free Online Bill Pay Service
• Free E-statements
• Free Mobile Banking
• Free Annual Credit Review
• Visa Debit Card
• No per check charges
• No charge for deposits
• Unlimited monthly transactions
• Free Text Account Information Text Alerts
• Free & Unlimited transactions at Education First CU ATMs. Four free transactions at all other ATMs per month. $2.oo per withdrawal over 4.

Click here for current rates.

Click here for our Fee Schedule.

Not all members will qualify for a checking account. Education First Credit Union reserves the right to refuse to establish any checking account service based on previous or other account performance. Education First does not charge a fee for the use of our mobile banking service. Depending on your service data plan, you may incur web charges or text messaging fees. Check with your mobile service carrier to get more information.

Value Checking

• Minimum opening deposit is $25.00
• Monthly service fee is $10.00
• Visa Debit Card
• Free & Unlimited transactions at Education First CU ATMs. Four free transactions at all other ATMs per month. $2.oo per withdrawal over 4.
• Overdraft is available from the savings account
• No per check charges
• No charge for deposits
• Unlimited monthly transactions
• Free Online Banking
• Free Bill Pay Service
• Free E-Statements
• Free Mobile Banking
• Free Annual Credit Review
• Non Interest Bearing
• 24-hour account information through Home Banking and CU Access

Click here for current rates.

Click here for our Fee Schedule.

Not all members will qualify for a checking account. Education First Credit Union reserves the right to refuse to establish any checking account service based on previous or other account performance. Education First does not charge a fee for the use of our mobile banking service. Depending on your service data plan, you may incur web charges or text messaging fees. Check with your mobile service carrier to get more information.